Effective trading is not about trying to be right on each trade, it’s about being fluid in an everchanging market. When we approach each trade trying not to be wrong, there is a layer of fear that clouds how we see things and effects our every decision.
This video is a Clip From one of our Live Sessions where I talk about consciously practicing with being wrong while demonstrating on a live USD/JPY market. I give a practice exercise to loosen up this aversion. As traders, we are going to be wrong a lot so its best to dispell the shame of it so we can approach each trade with more clarity.
Shane Blankenship
The Beauty Of Median Lines
Let us understand the principles of what Median Lines are and what they do, then we can own them and use them to trade in our own ways. Our goal in learning about Andrews Median Lines is to understand what Allan Andrews understood, not to mimic him or anybody else.
In the Mapping Any Market any time Frame series, I show how to map markets with swings. In this video, I show how Median Line sets describe and project these swings and how to read the market one swing at a time.